Crypto Open Patent Alliance is rotten to the core
In the latest charges against COPA members, Kraken was charged by the SEC on November 20 over illegally selling digital asset securities and comingling customer and corporate funds.
Latest MicroStrategy News
MicroStrategy Q3 earnings: BTC bet is becoming an existential risk
Figures show that MicroStrategy has spent $2.49 billion on BTC since 2020, with its price pumping at an average of $29,586, while the firm's revenues were up three percent from last year.
Tether’s plan to blow billions in ‘profits’ on BTC questioned
Tether announced that starting this month, it would “regularly allocate up to 15% of its net realized operating profits towards purchasing” BTC.
Michael Saylor voices support for Ordinals on BTC
Michael Saylor believes Ordinals will open the floodgates for the development of many applications on the BTC base layer, but this is proving to be too difficult with the current state of the protocol.
Craig Wright on a killing spree against ‘crypto’ in recent podcast
Dr. Craig Wright was a guest on the Alfie Whattam Podcast not to convince listeners that he is the true inventor of Bitcoin but to tell his story and why he's going after big 'crypto' names.
MicroStrategy turns rare profit, may dump BTC to pay long-term debt
MicroStrategy announced that it generated revenue of $121.9 million in the first three months of 2023, a 2.2% rise from the same period last year, but the company booked an operating loss of $20.3 million.
‘Crypto’ firms unbank themselves from struggling Silvergate
Silvergate notified the U.S. SEC that it wouldn't be filing the annual report on its fiscal health by March 16, insisting it "requires additional time" to fully diagnose its shortcomings.
Block pins net losses on BTC’s fading consumer demand
Block's gross profits rose 38% to $1.57 billion, but expenses rose by nearly one-half, resulting in a net loss of $18.7 million, significantly worse than the $3 million loss in Q3 2021.
MicroStrategy’s Saylor struck by Lightning, and possibly a blunt object
MicroStrategy's three-month revenue suffered a 2.1% slump from last year as the BTC token, which founder Michael Saylor heavily bet on, found itself in the doldrums following an epic 'crypto' crash.
Block plots BTC mining, integrates Lightning, abets Blockstream
According to reports on October 25, Block had tapped Perry Hothi, former chief technology officer for Argo Blockchain PLC, to help spur Block’s BTC mining ambitions.
Michael Saylor, MicroStrategy sued for tax fraud by D.C. Attorney General
District of Columbia Attorney General Karl A. Racine announced that his office was suing the MicroStrategy founder over allegedly having “lived in the District for more than a decade but has never paid any D.C. income taxes.”
The government is finally cracking down on ‘crypto’: Joshua Henslee summarizes the market
BSV thought leader Joshua Henslee paints a picture of utter carnage in the digital currency industry with the recent crackdowns on popular exchanges, lending platforms, and other companies.